11th May 2021, Colombo: Prime Lands Residencies, the condominium property arm of Prime Group, opens its Initial Public Offering today, 11th May 2021. The company further believes that this IPO is expected to ensure that Prime Lands Residencies Limited and the Prime Group continue to expand boundaries, with a determination to provide the highest value to all of their stakeholders, ensuring that their satisfaction grows in lockstep with Prime Lands Residencies Limited and Prime Group’s growth. The affordability of developments from Prime Lands Residencies enables many Sri Lankans to capitalize on the favorable property market conditions. Thereby, alongside these substantial achievements, the commencement of Prime Lands Residencies IPO is set to certainly ensure that the firm continues to grow from strength to strength, with a commitment to bring the best value to all their stakeholders, ensuring their satisfaction is parallel to the growth of Prime Lands Residencies and the Prime Group. Prime Lands Residencies was created in 2016 by amalgamating Prime Homes (Pvt.)

Source: The Nation May 11, 2021 09:02 UTC